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1117 N Dearborn St

Indianapolis IN 46201

6055 sq. ft.
Duplex
Currently for sale - view listing

Overview

House hack or add another income-producing property to your portfolio with this 3 bed, 1.5 bath per side duplex at 1117-1119 N Dearborn St. The 1117 side is already leased at $1,345/month through 10/31/26, giving a buyer immediate rental income from day one. The vacant unit creates flexibility to move in and let the neighboring rent offset your housing costs, or lease both sides and operate the property as a traditional cash-flowing rental. With one side already stabilized and the other vacant and ready for occupancy or lease-up, this is a strong opportunity for both owner-occupant investors and landlords looking to expand their portfolio.

Features

6055 sq. ft. lot size
Duplex

Property history for 1117 N Dearborn St

2023
Sold
$202,500
25 Oct 2023 by Ryan Rominger, of Compass Indiana, LLC
2019
Sold
$70,000
18 Mar 2019 by Janis Smith, of Platinum Real Estate Group LLC

Happy sellers in Indianapolis

87%
87% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 165 duplexes similar to 1117 N Dearborn St, have been sold.

This represents a 20% decrease in duplexes sales when compared to the previous 12 months.

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